https://www.avient.com/resource-center/knowledge-base/article/how-perfect-thermal-management-led-lighting-applications?rtype%5B0%5D=1164
Additional weight, manufacturing challenges and ultimately, higher costs.
Its thermally conductive properties allow for effective heat management, but material and production costs can be high.
Replacing aluminum heat sinks with polymer ones can greatly reduce both the total cost and weight of a part.
https://www.avient.com/resource-center/knowledge-base/case-study/smart-alternative-yields-savings-efficiency-mars-otomotiv
Replacing metal cuts heat sink costs for LED lighting assemblies
Using a supplier for the parts also led to unexpected costs and shipping delays, created logistics challenges and tied up stock and working capital.
But a significant hurdle remained: the cost of retooling.
https://www.avient.com/products/polymer-additives/anti-counterfeiting/cesa-percept-authentication-technologies
In addition, it costs hundreds of thousands of jobs, exposes consumers and workers to health and safety risks, has proven links to organized crime, and causes massive reductions in tax revenue.
Reduces costs for warranty, liability, or product support
Learn how molded-in color can offer the same eye-popping effects of paint at a greater efficiency and lower cost
https://www.avient.com/news/molded-color-parts-replace-metallic-paint-suv-center-console-housing
Paint adds a great surface finish to automobile parts, but painting always adds cost, time, and additional logistics requirements.
Suitable for standard injection molding machinery, Smartbatch FX reduces the cost per part by 30 percent or more compared to painted parts.
This recent project is a significant step forward in reducing the cost to manufacture highly visible interior applications.”
https://www.avient.com/resource-center?document_type=59&document_subtype=117&industry=0&product_family=81&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_build_id=form-AIBrY1ZyQwmzj2EruRqQQ3PVzaFba0pwYj8H3eLS67g&form_id=resource_filter_form
Maxxam™ FR Polypropylene Solutions provide cost savings and improve data processing capabilities
Supplier HellermannTyton switched to heat-stabilized Bergamid™ B70 G30H Black TM-X polyamide to produce a seat fastener at lower cost, lower weight and with greater design flexibility
Avient assists in creating electronic connector for a new, low-cost computer to meet technical requirements, avoid over-engineering and meet cost-performance requirements with Bergamid™ nylon material
https://www.avient.com/sites/default/files/2020-08/bottle-optimization-brochure-8.5x11.pdf
Economics The difference between success and cost overrun is less than $0.01 per bottle.
We help you reduce bottle weight and manufacturing costs without compromising a package’s properties.
Five ways we help you achieve bottle optimization: *Contact Avient for the appropriate food contact declaration of compliance IMPROVE ECONOMICS Discover ways to achieve lasting cost advantages, which will help you reduce cycle times and overall cost of production during the molding process. • Lightweighting • Cost-to-color efficiencies • Optimized layer structure 1 • Material selection • Buoyancy offset • Improved changeover times ENHANCE FUNCTIONALITY Bring us your concerns about sensitive contents, Environmental Stress Crack Resistance (ESCR), UV degradation, easy twist-off, and other functional issues.
https://www.avient.com/news/polyone-announces-record-fourth-quarter-and-full-year-2014-results
Cost of sales
Cost of sales:
Restructuring costs
https://www.avient.com/investor-center/news/avient-announces-record-fourth-quarter-and-full-year-2021-results
Cost of sales
Cost of sales:
Debt financing costs
https://www.avient.com/sites/default/files/2023-07/Avient_RY 2022 CDP Verification Opinion Declaration_07-24-23%5B30%5D.pdf
Energy: o Diesel Fuel Consumption: 4,754,671 kWh o Natural Gas Fuel Consumption: 184,415,668 kWh o Renewable Energy Consumed - Self Generated (solar): 260,378 kWh o Renewable Energy Consumed - Self Generated (Wind): 2,554,186 kWh o Grid Electricity Consumed: 436,400,546 kWh Page 2 WATER RESOURCES • ENVIRONMENTAL SERVICES • INDUSTRIAL HYGIENE • SAFETY • SUSTAINABILITY Apex Companies, LLC • (800) 733‐2739 • www.apexcos.com o Renewable Energy Credits (REC) Purchased: 100,691,000 kWh o Renewable Electricity Consumed – Offsite: 128,982,866 kWh Period covered by GHG emissions verification: January 1, 2022 to December 31, 2022 GHG Reporting Protocols against which verification was conducted: World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD) Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2) and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard Verification Protocols used to conduct the verification: ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the verification and validation of greenhouse gas statements Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
Level of Assurance and Qualifications: Limited This verification used a materiality threshold of ±5% for aggregate errors in sampled data for each of the above indicators GHG Verification Methodology: Evidence-gathering procedures included, but were not limited to: Interviews with relevant personnel of Avient and their consultant; Review of documentary evidence produced by Avient; Review of Avient data and information systems and methodology for collection, aggregation, analysis and review of information used to determine GHG emissions; and Audit of sample of data used by Avient to determine GHG emissions.
Verification Opinion: Based on the verification process and procedures conducted to a limited assurance level of the GHG emissions statement shown above, Apex found no evidence that the GHG emissions statement: is not materially correct and is not a fair representation of the GHG emissions data and information; and has not been prepared in accordance with the WRI/WBCSD GHG Protocol Corporate Accounting and Reporting Standard (Scope 1 and 2), and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain Accounting and Reporting Standard (Scope 3).
https://www.avient.com/sites/default/files/2023-03/AvientRY 2021 CDP Verification Opinion Declaration_07-26-22r%5B96%5D.pdf
Energy: o Diesel Fuel Consumption: 7,268,012 kWh o Natural Gas Fuel Consumption: 90,498,342 kWh o Renewable Energy - Self Generated (solar): 252,779 kWh o Renewable Energy - Self Generated (Wind): 2,399,531 kWh o Electric Power: 339,815,274 kWh Page 2 WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE Apex Companies, LLC • (800) 733-2739 • www.apexcos.com o Renewable Energy Credit (REC): 121,411,062 kWh o Renewable Power – Offsite: 27,119,749 kWh Period covered by GHG emissions verification: January 1, 2021 to December 31, 2021 GHG Reporting Protocols against which verification was conducted: World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD) Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2) and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard Verification Protocols used to conduct the verification: ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the verification and validation of greenhouse gas statements Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
Level of Assurance and Qualifications: Limited This verification used a materiality threshold of ±5% for aggregate errors in sampled data for each of the above indicators GHG Verification Methodology: Evidence-gathering procedures included, but were not limited to: Interviews with relevant personnel of Avient and their consultant; Review of documentary evidence produced by Avient; Review of Avient data and information systems and methodology for collection, aggregation, analysis and review of information used to determine GHG emissions; and Audit of sample of data used by Avient to determine GHG emissions.
Verification Opinion: Based on the verification process and procedures conducted to a limited assurance level of the GHG emissions statement shown above, Apex found no evidence that the GHG emissions statement: is not materially correct and is not a fair representation of the GHG emissions data and information; and has not been prepared in accordance with the WRI/WBCSD GHG Protocol Corporate Accounting and Reporting Standard (Scope 1 and 2), and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain Accounting and Reporting Standard (Scope 3).